Zipmex Considering Acquisition, Seeking $50M Fund

Zipmex Considering Acquisition, Seeking $50M Fund

The crypto asset trading platform is seeking $50M to balance its balance sheet after last week’s stop withdrawals. As reported from Bloomberg, Zipmex is considering to selling its holdings, in the aftermath of lending funds to other troubled platforms, such as Babel Finance and Celsius Network.

Zipmex stated that discussions with numbers of interested parties were carried out intensively. Zipmex also stated that at this time there were a company that offered in the Momerendum of Understanding (MoU), the contents of which are currently still being disclosed at the moment.


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